Average Insurance Appraisers, Auto Damage Salary in Detroit-Warren-Dearborn, MI
The average salary for a Insurance Appraisers, Auto Damage in Detroit-Warren-Dearborn, MI is $73,590. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $73,590 per year.
- Growth Trend: Salaries have shifted 1.6% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $85,580.
- Outlook: The current demand for Insurance Appraisers, Auto Damages is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Detroit-Warren-Dearborn, MI economy.
Salary Overview
The average Insurance Appraisers, Auto Damage in Detroit-Warren-Dearborn, MI earns-4.5%below the national average.
$35.4
$1,415
$6,133
Insurance Appraisers, Auto Damage Salary Trends (2020-2024)
Over the past 4 years, Insurance Appraisers, Auto Damage salaries in Detroit-Warren-Dearborn, MI have seen a slight adjustment of -1.6%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Appraisers, Auto Damage Salary Distribution in Detroit-Warren-Dearborn, MI
The earning potential for Insurance Appraisers, Auto Damages in Detroit-Warren-Dearborn, MI varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $58,410, while highly experienced professionals can command wages upwards of $85,580.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,410 | $28.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,193 | $26.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,210 | $36.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,988 | $44.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $85,580 | $41.1 |
Detailed Insurance Appraisers, Auto Damage Market Analysis
Relocation Context
Nominal Salary
$73,590
Gross Pay
Real Wage (Purchasing Power)
$73,590
Adjusted for COL (100)
In Detroit-Warren-Dearborn, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $73,590 to $73,590.
Job Market Context
60
Total Jobs
0.032
Per 1K Jobs
0.63
Location Quotient
Detroit-Warren-Dearborn, MI has 0.63x the national average concentration of Insurance Appraisers, Auto Damage jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
60 people work as Insurance Appraisers, Auto Damage in Detroit-Warren-Dearborn, MI.
Only 0.032 out of every 1,000 local jobs are Insurance Appraisers, Auto Damage roles — this is a niche profession in the area.
Nearby Job Markets
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Frequently Asked Questions
How much does a Insurance Appraisers, Auto Damage make in Detroit-Warren-Dearborn, MI?
The median annual salary for a Insurance Appraisers, Auto Damage in Detroit-Warren-Dearborn, MI is $73,590. This typically ranges from $58,410 for entry-level positions to $85,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Detroit-Warren-Dearborn, MI is 4.5% lower than the national median of $77,050.
Is Detroit-Warren-Dearborn, MI a good place for Insurance Appraisers, Auto Damages?
It depends on your priorities. While the average Insurance Appraisers, Auto Damage salary in Detroit-Warren-Dearborn, MI is $73,590 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Detroit-Warren-Dearborn, MI. See distinct detailed breakdown below.
Is Detroit-Warren-Dearborn, MI a good place to live for Insurance Appraisers, Auto Damages?
The Cost of Living Index in Detroit-Warren-Dearborn, MI is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Detroit-Warren-Dearborn, MI area with a job density of 0.032 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Appraisers, Auto Damage • Data source: BLS OEWS 2024 •Jobs in Detroit-Warren-Dearborn, MI